Market Intelligence · MT / Billings

Billings, MT 59101 Housing Market

Typical home value in Billings, MT 59101 has grown to $333,128, up 2.8% over the past year. The median list price stands at $403,675, with homes on the market for a median of 51 days as of September 2026.

Updated September 2026Median value$333K

The median home value in Billings, MT 59101 is $333K as of September 2026, up 2.8% year over year, according to Zillow ZHVI. For a read on your own home, start with a free consultation: a licensed local pro will walk you through your numbers and your options, with no obligation.

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Typical 59101 range

$306K to $360K

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

+2.8% over 12 months

Sep 2025$324K

Low $324KHigh $333K

Sep 2026$333K

The numbers

What is the 59101 housing market like?

As of September 2026

Typical home value

$333K

2.8%YoY

Median list price

$404K

3.9%MoM

Days on market

15.9%MoM

Homes for sale

141

6.8%MoM

Price cuts

15.9%

25.2%MoM

New listings

13.6%MoM

Sources · Zillow ZHVI (September 2026) / Realtor.com (September 2026) / FRED (October 2026)

The outlook

59101 housing market forecast 2027

+2.3%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 59101 to rise 2.3% by September 2027.

Over the 12 months through September 2026, typical home values in 59101 rose 2.8%, per the Zillow Home Value Index.

Will home prices drop in 59101?

Zillow's forecast does not call for a drop: it expects typical home values in 59101 to rise 2.3% by September 2027, after a 2.8% rise over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

Forecast: Zillow Home Value Forecast, published October 2026. A forecast, not a guarantee.

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The comparison

How do 59101 home prices compare?

59101$333,128
Billings$401,388
Montana$420,839
United States$285,347

Median Zillow home value (ZHVI), as of September 2026. Comparison levels are medians across every ZIP code with Zillow data (Billings: 4 ZIPs; Montana: 232 ZIPs; United States: 26,262 ZIPs).

Context

The Billings 59101 market shows moderate activity with 141 homes for sale and 50 new listings as of September 2026. Homes are taking about 51 days to sell, suggesting a measured pace rather than a rush. One notable signal is that 15.9% of listings have already seen a price cut, which can indicate sellers adjusting expectations in a less heated environment. The 2.8% year-over-year appreciation in typical home value is solid but not dramatic. For sellers, it's worth recognizing that the market is neither stalled nor running hot; pricing competitively and being realistic about condition matter more than they might have a few years ago.

Monthly payment

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Down payment20% · $66,626

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Common questions

What people ask us.

How much is a home in Billings, MT 59101 worth?

Typical home value is $333,128 as of September 2026, up 2.8% over the past year.

How long do homes stay on the market in 59101?

Homes have a median of 51 days on the market as of September 2026.

How many homes are for sale in 59101 right now?

There are 141 homes for sale and 50 new listings as of September 2026.

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Nearby ZIP markets.

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